Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
Hi James, just renew the subscription and appreciate all the hard work your team and you have put into the research over the year. What is your opinion on WA1? Does it have a deep enough moat to withstand a down turn ? Regards Ben
Thanks Ben – it’s a labour of love!
WA1 Resources Ltd (WA1) is a mineral exploration company focused on niobium (Nb), with its flagship Luni Project in Western Australia’s West Arunta region emerging as a globally significant discovery. Still in the pre-production stage, WA1 is advancing resource drilling and early development while facing typical exploration and infrastructure risks. This $1.5bn business has enjoyed the recent resurgence in rare earths with niobium a critical mineral used in high-strength steel, aerospace alloys, and emerging battery tech.
WA1 will remain unprofitable in FY 26, with a modest turnaround and breakeven / slight profit forecast for FY 27. Almost 90% of Nb comes from Brazil with Canada basically supplying the balance. The WA1 mine is in WA which is good from a geo-political perspective but not necessarily productivity. WA1’s ambitious goal is 20‑25% of the market, assuming the forecast of production and demand estimates both hold.
Technically, the stock looks to be breaking out, with decent momentum, setting up good risk/reward by running a stop loss on a close below $18 initially.
Take a free trial.
No payment details required.
Forgot password? Request a One Time Password or reset your password
One Time Password
Check your email for an email from [email protected]
Subject: Your OTP for Account Access
This email will have a code you can use as your One Time Password for instant access
A link to create a new password will be sent to the email address you have registered to your account.
Hi, this is only available to members. Join today and access the latest views on the latest developments from a professional money manager.
Our Smart Phone App will give you access to much of our content and notifications. Download for free today.
